October 3, 2024

Newspapers With Extra Space Look for Boarders

Mr. Mayer wanted to fill in what he called “the center of the doughnut” on the second floor — acres of abandoned desks once occupied by more than 100 workers in the payroll, classified and advertising departments.

Those jobs have largely disappeared in recent years from The Globe, which is owned by The New York Times Company, and Mr. Mayer faces a situation familiar to many publishers around the country as their staffs shrink. While most newspapers lack cash, employees and a clear strategy for finding greater profits in the digital age, they do not lack for office space. Mr. Mayer embarked on a search for creative ways to use that space. As a result, The Globe has turned its empty offices into a public community space, bringing in start-up technology companies, bands visiting to perform for the company’s Internet station RadioBDC and special events like the programming code marathon it held for technology enthusiasts. The projects occupy what looks like a re-created living room, where a colorful mix of young entrepreneurs, gray-haired journalists and bands with names like the Street Dogs and Animal Kingdom pass through. Steps away, Globe reporters and editors pore over articles.

“You don’t want to underutilize an asset,” Mr. Mayer said in an interview in his roomy office. “I have a building here that we can use for a variety of things. Bringing bands in, bringing events here, it reminds us and folks in the community what we do.” While it is unclear how much revenue these new ventures will bring in, he said the new relationships help energize the workplace. It also helps the readers The Globe is trying to retain feel more engaged and connected with the newspaper.

The Globe is not the only newspaper to make creative use of empty space. Newspapers have been converting their old printing plants for decades, like the former Daily News plant in Brooklyn that was turned into condominiums.

The Los Angeles Times has signed long-term leases for office space with companies like the Los Angeles City Employees’ Retirement System and VXI Global Solutions, an information technology company.

The Los Angeles Times has also sought out more glamorous options. Over the last several years its has rented its offices for use in the films “Argo,” “Moneyball,” “Frost/Nixon,” “Dreamgirls” and “The Soloist.” Hillary Manning, a spokeswoman for the newspaper, said it was part of a strategy “to maximize the value of our real estate assets and diversify our revenue streams to best support The Times’s core journalistic mission.”

At The Globe, Mr. Mayer has followed The Los Angeles Times’s example and rented some space to a production crew filming a television pilot.

Other industries also have sought ways to use empty space, especially since the recession began. Airports are trying to turn abandoned terminals into office space. The Chicago Merchandise Mart, once occupied mostly by the furniture and fabric industries, is now trying to attract more technology companies. Even churches have advertised their extra space, offering local groups a meeting place.

The Globe moved in its digital team to the unused space about 18 months ago, then invited technology companies to occupy the empty desks. On a recent morning, flocks of scruffily dressed young entrepreneurs crouched before computer screens. Above them hung outdated LED screens that used to tell workers in the classified department how many calls waited to be answered.

Jeff Moriarty, The Globe’s vice president for digital products, strolled through the space and rattled off the names of the dozen start-ups that have passed through, like Supermechanical, a start-up that makes wireless sensors that connect to the Web. The Globe is also lending space to TapWalk, which builds apps for performance stages and large events like universities and music festivals.

Article source: http://www.nytimes.com/2013/01/21/business/media/newspapers-with-extra-space-look-for-boarders.html?partner=rss&emc=rss

Start: Its First Graduates on the Job, Venture for America Looks for Fresh Recruits

Postscript Appended

Kathy Cheng: Jessica Bruder Kathy Cheng: “Detroit was the last place I thought I’d end up.”

Start

The adventure of new ventures.

For more than a year now, Andrew Yang has been traveling the nation evangelizing Venture for America. From gritty inner cities to college campuses and the White House, the former corporate lawyer has made dozens of stops pitching the nonprofit organization, which he hopes will become a Teach for America for young entrepreneurs.

Ten months after we covered his early efforts to send fresh talent to start-ups in struggling cities, the first 40 Venture for America fellows have made it through a five-week boot camp. They’ve fanned out across New Orleans, Las Vegas, Detroit, Providence and Cincinnati. They’re now starting two-year jobs at an eclectic array of start-ups, ranging from Are You a Human, which designs game-based verification systems to thwart spam bots, to Kickboard, an online dashboard that helps teachers track student performance and behavior.

“At school, you learn how to learn, but not how to do. I want to learn how to build things and make them successful,” said Kathy Cheng, 22, who graduated in June from the Massachusetts Institute of Technology and took a Venture for America fellowship at Doodle Home, a Detroit-based company whose Web site helps interior designers manage projects, request product samples and quotes, and build profiles to woo potential clients. The 15-employee firm was started two years ago by Jennifer Gilbert – her husband, Dan Gilbert, is the founder of Quicken Loans – and it operates from a slick downtown tech hub called the M@dison that Mr. Gilbert unveiled in 2011 as part of a broader effort to re-energize the Motor City.

“If you’d asked me last year, Detroit was the last place I thought I’d end up,” Ms. Cheng said. Joining a start-up wasn’t a part of her plan either. That changed last year. While interning for the Small Business Administration, she heard Mr. Yang give a talk; he suggested she apply for a fellowship. And Ms. Cheng began thinking about the potential of entrepreneurship to revitalize cities.

“Back then, I thought I wanted to do management consulting,” she said. “But you know how sometimes things just click into place? It was like that.” As a business analyst for Doodle Home, she plans to study how designers interact with the company’s online platform. She sees her fellowship as a way “to empower creative people to do their best work.”

(Some of her peers just sounded relieved to avoid Wall Street; as one Wharton grad wrote on Venture for America’s blog: “I had been looking through endless job postings for I-banking and other finance-related positions on my school’s career Web site, trying not to vomit, when I came across Venture for America.”)

Meanwhile, Mr. Yang is gearing up to recruit a fresh batch of 100 fellows and exploring a handful of cities – Baltimore, Cleveland, New Haven, Philadelphia, Pittsburgh and Raleigh-Durham – for possible expansion in 2013. His long-term objective is even more ambitious: creating 100,000 jobs by 2025.

“Our goal is to give rise to a virtuous cycle,” Mr. Yang said. “Let’s say someone like Kathy, when her time at Doodle Home is at an end, she decides she likes the area, she’s friends with people there, she has a network. So she decides to start her own thing. If she wants to hire some young, smart, inexpensive venture fellows, we’re essentially creating a massive pool of people for her to choose from. You can imagine it in five to 10 years from now. The current fellows will be the leaders of a new generation of companies.”

If you had a mission to restore the economy and a team of fresh college graduates at your disposal, where would you send them?

You can follow Jessica Bruder on Twitter.


Postscript: September 11, 2012

A previous version of this post reported that the M@dison building opened in January; it opened in January 2011.

Article source: http://boss.blogs.nytimes.com/2012/09/11/its-first-graduates-on-the-job-venture-for-america-looks-for-fresh-recruits/?partner=rss&emc=rss